NetScout (NASDAQ: NTCT) CFO has 737 shares withheld for taxes
Rhea-AI Filing Summary
For NETSCOUT SYSTEMS INC (NTCT), EVP & Chief Financial Officer Anthony John Piazza reported the vesting of 2,500 Restricted Stock Units, which converted into an equal number of common shares. Of these, 737 shares were withheld at $37.81 per share to satisfy tax withholding obligations. Following the derivative transaction, Piazza directly holds 38,300 Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,763 shares
Net Buy
3 txns
Insider
Piazza Anthony John
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F5, F6 | 2,500 | -- | -- |
| Exercise | Common Stock F1, F2 | 2,500 | -- | -- |
| Tax Withholding | Common Stock F3, F4 | 737 | $37.81 | $28K |
Holdings After Transaction:
Restricted Stock Unit — 38,300 shares (Direct);
Common Stock — 29,517 shares (Direct)
Footnotes (6)
- F1. The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.
- F2. Price is N/A.
- F3. The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
- F4. Represents the closing price of the Company's Common Stock on August 24, 2026.
- F5. August 25, 2026
- F6. Date is N/A.
Key Figures
RSUs vested and converted: 2,500 shares
Shares withheld for taxes: 737 shares
Tax withholding reference price: $37.81 per share
+1 more
4 metrics
RSUs vested and converted
2,500 shares
Restricted Stock Units vested and converted into common stock on August 25, 2026
Shares withheld for taxes
737 shares
Common shares withheld to satisfy tax withholding obligation upon RSU vesting
Tax withholding reference price
$37.81 per share
Closing price of common stock on August 24, 2026, used for tax withholding
RSUs held after transaction
38,300 units
Direct Restricted Stock Unit holdings reported following the derivative transaction
Key Terms
Restricted Stock Unit, tax withholding obligation, Exercise or conversion of derivative security
3 terms
Restricted Stock Unit financial
"The shares of Common Stock were acquired upon the vesting of certain restricted stock units"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligation financial
"were withheld to satisfy the reporting person's tax withholding obligation upon the vesting"
Exercise or conversion of derivative security financial
"transaction_code_description":"Exercise or conversion of derivative security"
FAQ
What did NTCT executive Anthony John Piazza report on this Form 4?
Anthony John Piazza reported the vesting and conversion of 2,500 Restricted Stock Units of NETSCOUT common stock on August 25, 2026, with a portion of the resulting shares withheld to cover tax obligations.
How many NETSCOUT (NTCT) RSUs vested for Anthony John Piazza?
A total of 2,500 Restricted Stock Units vested for Anthony John Piazza, converting into the same number of NETSCOUT common shares on August 25, 2026.
What are Anthony John Piazza’s reported remaining RSU holdings in NTCT?
After the reported derivative transaction, Anthony John Piazza directly holds 38,300 Restricted Stock Units of NETSCOUT, as reflected in the post-transaction holdings data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
